Kansas News

Slimmed-down SMART bill to reform surplus lines insurance regulation; brokers pledge their support

In a step to overhaul the current state of insurance regulation, Reps. Ginny Brown-Waite, R-Fla., and Dennis Moore, D-Kan., have introduced legislation that would mandate states to establish a uniform system of regulation for the surplus lines industry. The new …

Lawyers Overseeing Lawyers: Can lawyers police themselves? A new look at self-regulation

No country has as many lawyers as the United States – more than 152,000 in California alone – three times as many as in all of France. Nor does any other country rely as heavily on the legal profession to …

New Markets

Outdoor Sports Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents. Dollars: Limits $300 to $1 million. Minimum premiums based on $1 million …

New Markets

Equipment Policies Nuts & Bolts: Britt Paulk Insurance Agency Inc. is offering an equipment policy program that includes agriculture, forestry, construction and lawn and garden. The coverage is first party physical damage for contractors’ equipment. Classes include contractors, agricultural, forestry, …

Lawyers Overseeing Layers

No country has as many lawyers as the United States — more than 152,000 in California alone — three times as many as in all of France. Nor does any other country rely as heavily on the legal profession to …

New Orleans’ Convention Center Open for Business Again

A week of major conventions, including the big American Library Association meeting, recently attracted about 24,000 visitors and pumped an estimated $25 million into New Orleans’ economy, which is still staggering from Hurricane Katrina, tourism officials said. But perhaps more …

Uninsured Drivers Increasing; Vary by State; Miss. Highest, Maine Lowest

Durham, N.C. Resident Sentenced to 12-and-a-Half Years; Must repay $8.3M

Steve Edwards of Durham, N.C. has been sentenced to 12-and-a-half years in prison in an insurance fraud case that left North Carolinians with unpaid workers’ compensation and health insurance claims estimated in excess of $3 million according to Insurance Commissioner …

TSLA Supports Surplus Lines Reform; Urges Members to Act

The Texas Surplus Lines Association announced their support of House Bill 5637, a new federal bill to reform surplus lines regulation. The bill, sponsored by Ginny Brown-Waite, R-Fla. and Dennis Moore D-Kan., and co-sponsored By Pete Sessions, R-Texas, and many …

Regular Church Attendance Could Offer Unique Insurance ‘Blessings’

West Des Moines, Iowa-based GuideOne Insurance says being a faithful churchgoer could provide some real insurance blessings. GuideOne’s year old insurance product, FaithGuard, an auto and homeowners insurance policy with specific benefits for churchgoers, has been on the market for …